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Hong Kong's embattled CK Hutchison says profits down in 2024
Embattled Hong Kong conglomerate CK Hutchison Holdings, caught in a US-China spat over control of the Panama Canal, said on Thursday that profits fell 27 percent in 2024. Following years of diversification, operations in mainland China and Hong Kong made up just 12 percent of CK Hutchison revenue last year, according to Thursday's results.
Europe games industry on edge as 'Assassin's Creed' hits shelves
Thursday's release of action-adventure epic "Assassin's Creed Shadows" marks a make-or-break moment not just for struggling French games heavyweight Ubisoft, but for the entire European gaming ecosystem. The company is falling back on its longtime major money-spinner "Assassin's Creed" to pull it from the doldrums, this time with an episode set in medieval Japan.
Spain eyes boom in 'neglected' strategic mining sector
Spain is aiming to tap its unexplored strategic mining resources as the European Union urgently seeks to ramp up production, but local resistance could frustrate the government's plans. The European Union is anxious to turbocharge production of these resources to reduce its dependence on external suppliers, particularly China, which dominates much of the market for renewable energy equipment.
Young Chinese women find virtual love in 'Deepspace'
Rafayel's girlfriends went all out to celebrate their lover's birthday, renting malls across China for parties, decorating high-speed trains with his photos, and even staging a dazzling drone show.
Most Asian markets track Wall St rally after Fed rate signals
Most Asian equities rose Thursday after US Federal Reserve boss Jerome Powell suggested any increase in consumer prices caused by tariffs would likely be short-lived, even as the central bank slashed its growth outlook and hiked inflation expectations.
Canada canola farmers squeezed by trade wars on two fronts
To sow or not to sow?
Chinese tariffs on Canadian agricultural products kick in
Chinese tariffs on Canadian products including rapeseed oil and pork come into effect Thursday, with an industry lobby warning the new levies will have a "devastating impact" on farmers. Canadian industry leaders have warned they would be hit hard by the fresh tariffs.
Nvidia chief confident chip maker can weather US tariffs
Nvidia boss Jensen Huang expressed confidence Wednesday that the artificial intelligence (AI) chip giant can handle US President Donald Trump's trade war. Nvidia is not expecting tariffs to significantly affect its financial performance in the short term, according to Huang.
Kazakhstan copper producer pauses some operations after deadly accidents
Kazakhstan's largest copper producer Kazakhmys said Wednesday it was temporarily halting some of its operations due to the "growing number" of industrial accidents at its production facilities. Kazakhmys says it is the world's 20th largest producer of copper concentrate, a processed form of copper ore that has been refined to boost its cooper content.
AFP
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